Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.019%

Price spread now: Aevo against GRVT−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.042% cheaper against GRVT than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WIF_USDT_Perp	0.2409	0.0100	pay 0.0050% / 4h	1h 22m	$267K	$1.8M	10x
Short	Aevo WIF-PERP	0.2408	0.0104	get 0.0013% / 1h	22m 51s	$80K	$85	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee AevobpOrdersPrice spread, now −0.042%Rate

Funding earned: $0.84
Price spread: −0.042% → 0.000%: −$4.15
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$28.31
Costs to cover: 0.250%
Break-even: 242.9 days

Slippage unknown: GRVT: live order book, 1 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 1 min ago	2.08 bp	39.4 bp −$39	91.3 bp −$913	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack WIF_USDC_PERP	−0.0264%	1h	0.2408	−0.050%	$74K	$246K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0165%	1h	0.2408	−0.042%	$47K	$289K	25x	as long as short
KuCoin WIFUSDTM	−0.0062%	4h	0.2408	−0.042%	$4.1M	$11.5M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2412	+0.111%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2409	+0.002%	$15K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−0.581%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0092%	4h	0.2407	−0.083%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2412	+0.125%	$135K	$549K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2410	+0.042%	$54K	$483K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2415	+0.237%	$7.5M	$4.0M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2411	+0.064%	$25K	$255K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2408	−0.044%	$76K	$50K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2412	+0.132%	$17.9M	$101.0M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2413	+0.166%	$16.7M	$35.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2413	+0.166%	$6.0M	$31.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2410	+0.042%	$1.2M	$7.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2410	+0.042%	$21.8M	$10.7M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2411	+0.083%	$7.4M	$11.7M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2404	−0.208%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2401	−0.324%	$71K	$68K	—	as long as short
GRVT WIF_USDT_Perplong	+0.0100%	4h	0.2409	long leg	$267K	$1.8M	10x
ApeX Omni WIFUSDT	+0.0100%	1h	0.2406	−0.125%	$42K	$618K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2405	−0.166%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2408	−0.042%	$552	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2408	−0.042%	$167K	$718K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2409	−0.019%	$10K	$153K	25x	as long as short
Aevo WIF-PERPshort	+0.0104%	1h	0.2408	−0.042%	$80K	$85	3x
GMX WIF/USD [WBTC.b-USDC]	L +0.0218% / S −0.1224%	1h	0.2408	−0.024%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2411	+0.083%	$318K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2408	−0.042%	$978K	$707K	75x	as long as short
Kraken Futures PF_WIFUSD	+0.0375%	1h	0.2410	+0.040%	$630K	$2.2M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2407	−0.075%	$0	—	15x	as long as short